UK Greenhouse Gas reporting: getting the most out of the mandate

Slides and recording of a webinar held to assist companies in making the most out of the upcoming UK GHG reporting regulations.

25 April 2013 - Following a series of webinars on the proposed ammendments to the UK Companies Act 2006, CDSB has held an online webinar about seeing the upcoming Greenhouse Gas reporting requirements as an opportunity to improve communications with investors with regards to climate change. An expert panel briefed the audience on the most recent public draft of the regulation, gave a few simple tips to improve internal systems to ensure excellent data quality, and how to turn this information into a communication to investors.

Introduction to the proposed regulations

Andrea Smith, Technical Manager at CDP's presentation on the latest published version of the proposed amendment to the UK Companies Act 2006, requiring UK quoted companies to disclose Greenhouse Gas information in their Directors' Reports.
Andrea was seconded to DEFRA to assist in the final stages of writing the proposed amendments.
Please note that this presentation's content is based on CDP's understanding of the contents of the proposed regulation and may not represent the final version to come into force.

Practical aspects of compliance

Dr Jane Thostrup-Jagd, Financial Controller of Maersk, describes the controls the global conglomerate uses for the collection and reporting of both financial and non-financial information. Maersk's conrol protocols ensure that the data presented to investors is of the highest quality possible, thus conveying trust in the reported information.

Going beyond compliance - communicating value to investors

Referenced as a method of compliance, the Climate Change Reporting Framework can assist companies to comply and helps in going beyond to communicate reliable and consistent information to investors. The upcoming amendment to the UK Companies Act is a great opportunity for companies to deepen their engagement with investors through a more comprehensive and meaningful Director's report.